CRCL rose over 9% to lead gains on the Trade.xyz market, as a whale that placed over 3.28 million orders over the weekend booked an 84% profit.

According to Hyperinsight monitoring, CRCL on Hyperliquid is currently trading at $66.14, up 9.15% from yesterday, marking the largest gain on Trade.xyz’s traditional markets, with an intraday trading volume of approximately $48.25 million. A whale address starting with 0x352 continuously built long positions in CRCL from the evening of July 16 to July 19, accumulating 53,700 units, making it the most profitable long whale in this rally. It currently holds CRCL long positions worth around $3.554 million with 10x leverage, at an average entry price of $61.016, generating an unrealized profit of ~$275,000 (an 84% return), with a liquidation price of $51.05 and no pending CRCL orders at present. Meanwhile, the same address is bottom-fishing SPCX at an average price of $127, currently posting a $680,000 loss, with a position size of $11.67 million. All prior transactions of this address were centered on the 2026 World Cup predictions under the HIP-4 ecosystem, with a cumulative profit of ~$37,000 from the World Cup champion market, mainly from bets on Argentina and Spain winning the title. On the news front, Trump has agreed to the ethics provisions in the CLARITY Act, clearing a key barrier for the crypto legislation to advance to a Senate vote. Circle received final approval from the Office of the Comptroller of the Currency (OCC) on July 10 to establish a national trust bank; BNY Mellon and Standard Chartered have recently expanded USDC custody, minting and redemption services respectively.